Cost-to-cost reimbursement of seconded employees is not service consideration; transfer-pricing markup was deleted and amalgamation amortisation allow...
Crystallisation of liability supports prior-period expense deduction, while functionally distinct divisions require separate transfer-pricing benchmar...
Functional comparability under TNMM requires transaction-specific FAR analysis before benchmarking business-support services provided to associated en...
Advance pricing agreement methodology can guide benchmarking for non-covered years when functions, assets, risks and activities remain materially unch...
Tax-audit exemption for substantially State-funded educational universities prevents audit-failure penalties where income qualifies for statutory exem...
Functional, asset and risk analysis excludes diversified technology companies from captive software development comparables under cost-plus arrangemen...
Mobile-phone electronic evidence failed to establish customs undervaluation, while duty survived on non-authentic origin certificates without importer...
NRD-CSR (R012) reporting for banks maintaining non-resident deposit accounts is conducted through the CIMS Sankalan portal, replacing the earlier XBRL-based submission framework. Banks must report bank-wise consolidated data using the revised NRD-CSR format, maturity codes, record types and validation checks. Returns may be submitted through system-to-system integration, XML file upload, or a screen-based web form; access and reporting channels are managed through CIMS. Monthly returns must be submitted by the 10th day of the following month. The directions are issued under the Foreign Exchange Management Act, 1999, without affecting approvals required under other laws.
NRD-CSR (R012) reporting for banks maintaining non-resident deposit accounts is conducted through the CIMS Sankalan portal, replacing the earlier XBRL-based submission framework. Banks must report bank-wise consolidated data using the revised NRD-CSR format, maturity codes, record types and validation checks. Returns may be submitted through system-to-system integration, XML file upload, or a screen-based web form; access and reporting channels are managed through CIMS. Monthly returns must be submitted by the 10th day of the following month. The directions are issued under the Foreign Exchange Management Act, 1999, without affecting approvals required under other laws.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4902 
